Summary Bundle
Before you get started, here’s a quick recap of what you’re applying for.
The important stuff
Westpac Bump Savings
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+
Westpac Choice Youth†
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Special offer
Double your $50 with us!
Open both a Westpac Choice Youth everyday account and an eligible savings account together. Deposit at least $50 into your Choice Youth account within 10 days, and we’ll add $50 to your savings. Ends 20/04/2026.
New Customers Only. T&Cs apply
The $50 'Double U' Cashback Promotion Terms and Conditions
This promotion runs from 1 February 2026 to 20 April 2026.
Eligibility criteria:
You must:
- Not have held either a transaction account or savings accounts with Westpac in the last 2 years (applies to both account holders for joint accounts)
- Open a new Westpac Choice account AND, either a Westpac Life (18+) OR Westpac Bump (U18) OR Westpac eSaver. Accounts must be in the same name, and active and ready to use.
- Open both accounts and deposit $50 or more into your Westpac Choice transaction account within 10 calendar days. Deposit(s) must be processed (not pending) by the 10th day.
- Deposit must be customer-initiated and does not include interest payments into the account.
- Keep the account open for a minimum of 60 days after your eligible deposit.
If you meet the above:
- You're eligible for a one-time $50 payment.
- The $50 payment will be made to your Westpac Life or Westpac Bump or Westpac eSaver account within 60 days of you meeting all Terms and Conditions and eligibility criteria.
- If you open more than one Westpac Life or Westpac Bump or Westpac eSaver account, the $50 cashback will be made to one account only. It will be the first savings account opened and active.
Joint accounts not eligible. This promotion may be varied or withdrawn at any time. It is not available in conjunction with any other offer unless otherwise stated.
Age of account holder
Under 14
14-17
- Parents or guardians need to complete the application for children under 14
Are you (the parent or guardian) already an existing Westpac customer?
Yes
No
Is your child already a Westpac customer?
Yes
No
What to have handy
- You’ll need to be registered for Westpac Protect SMS Code. We’ll send you an SMS Code before you open your child's account
By continuing you agree
To begin, you acknowledge:
- You have read our Privacy Statement which explains how we collect, use and disclose your and your child’s personal information, including marketing communications which we’ll send to your child.
- You have read our Financial Services Guide (PDF 218KB) which provides important information on the financial services and products we offer as a financial services licensee.
By opening the account, you agree both for you and on behalf of your child:
- That you are the parent or guardian of the child who is opening the account (“your child”)
- To the Deposit Accounts for Personal Customers Terms and Conditions (PDF 643KB) and the Online Banking Terms and Conditions) (PDF 633KB) that apply to the products and services your child is applying for.
- To us sending your child a Debit Mastercard® and linking it to your child’s account, as set out in the Westpac Debit Mastercard Terms and Conditions (PDF 338KB) (if applicable).
- To provide your consents to the actions we may take in processing your application including:
- for us to contact you about this application
- for you to receive communications about your account, as well as account statements and terms and conditions electronically. You may change your communication preferences in Online Banking or by contacting us at any time. If your child is not registered for Online Banking, they will receive account statements in paper form.
- To the obligations relating to the products and services being applied for including Anti-Money Laundering/Counter-Terrorism Funding requirements and our reporting obligations if you are a foreign tax resident.
- That the Westpac Choice Youth account will transition to a Westpac Choice account when your child turns 18 and that certain account features will no longer be available at that time.
- That the Westpac Bump savings account will transition to a Westpac Life account when your child turns 18 and that certain account features will no longer be available at that time.
Ready to get started?
What to have handy
By continuing you agree
To begin, you acknowledge:
- You have read our Privacy Statement which explains how we collect, use and disclose your and your child’s personal information, including marketing communications which we’ll send to your child.
- You have read our Financial Services Guide (PDF 218KB) which provides important information on the financial services and products we offer as a financial services licensee.
By opening the account, you agree both for you and on behalf of your child:
- That you are the parent or guardian of the child who is opening the account (“your child”)
- To the Deposit Accounts for Personal Customers Terms and Conditions (PDF 643KB) and the Online Banking Terms and Conditions) (PDF 633KB) that apply to the products and services your child is applying for.
- To us sending your child a Debit Mastercard® and linking it to your child’s account, as set out in the Westpac Debit Mastercard Terms and Conditions (PDF 338KB) (if applicable).
- To provide your consents to the actions we may take in processing your application including:
- for us to contact you about this application
- for you to receive communications about your account, as well as account statements and terms and conditions electronically. You may change your communication preferences in Online Banking or by contacting us at any time. If your child is not registered for Online Banking, they will receive account statements in paper form.
- To the obligations relating to the products and services being applied for including Anti-Money Laundering/Counter-Terrorism Funding requirements and our reporting obligations if you are a foreign tax resident.
- That the Westpac Choice Youth account will transition to a Westpac Choice account when your child turns 18 and that certain account features will no longer be available at that time.
- That the Westpac Bump savings account will transition to a Westpac Life account when your child turns 18 and that certain account features will no longer be available at that time.
Ready to get started?
Next steps:
- To open the accounts online for your child, you’ll need a Westpac Online Banking profile
- Create a profile now by opening a Westpac Choice account for yourself
- If you don’t want to open your own account, create a profile by going to a branch.
- 14-17 year olds can complete the application themselves (they don't need a parent or guardian to complete)
Are you (the 14-17 year old) an existing Westpac customer?
Yes
No
What to have handy
- Your Westpac Online Banking sign in details.
By continuing you agree
To begin, you acknowledge:
- You have read our Privacy Statement which explains how we collect, use and disclose your personal information, including marketing communications which we send to you.
- You have read our Financial Services Guide (PDF 218KB) which provides important information on the financial services and products we offer as a financial services licensee.
By opening the account, you agree:
- To the Deposit Accounts for Personal Customers Terms and Conditions (PDF 643KB) and the Online Banking Terms and Conditions (PDF 633KB) that apply to the products and services you are applying for.
- To us sending you a Debit Mastercard® and linking it to your account, as set out in the Westpac Debit Mastercard Terms and Conditions (PDF 338KB).
- To provide your consents to the actions we may take in processing your application including:
- for us to contact you about this application
- for you to receive communications about your account, as well as account statements and terms and conditions electronically. You may change your communication preferences in Online Banking or by contacting us at any time. If you are not registered for Online Banking, you will receive account statements in paper form.
- To acknowledge your obligations including Anti-Money Laundering/Counter-Terrorism Funding requirements and our other reporting obligations if you are a foreign tax resident.
- That the Westpac Choice Youth account will transition to a Westpac Choice account when you turn 18.
- That the Westpac Bump savings account will transition to a Westpac Life account when you turn 18.
Ready to get started?
What to have handy
By continuing you agree
To begin, you acknowledge:
- You have read our Privacy Statement which explains how we collect, use and disclose your personal information, including marketing communications which we send to you.
- You have read our Financial Services Guide (PDF 218KB) which provides important information on the financial services and products we offer as a financial services licensee.
By opening the account, you agree:
- To the Deposit Accounts for Personal Customers Terms and Conditions (PDF 643KB) and the Online Banking Terms and Conditions (PDF 633KB) that apply to the products and services you are applying for.
- To us sending you a Debit Mastercard® and linking it to your account, as set out in the Westpac Debit Mastercard Terms and Conditions (PDF 338KB).
- To provide your consents to the actions we may take in processing your application including:
- for us to contact you about this application
- for you to receive communications about your account, as well as account statements and terms and conditions electronically. You may change your communication preferences in Online Banking or by contacting us at any time. If you are not registered for Online Banking, you will receive account statements in paper form.
- To acknowledge your obligations including Anti-Money Laundering/Counter-Terrorism Funding requirements and our other reporting obligations if you are a foreign tax resident.
- That the Westpac Choice Youth account will transition to a Westpac Choice account when you turn 18.
- That the Westpac Bump savings account will transition to a Westpac Life account when you turn 18.
Ready to get started?
Things you should know
1 Debit Mastercard: You need to be at least 8 years of age, and have an Australian residential address to be eligible for the card. The debit card is automatically linked when the account is opened, except for children under 14. For children 8-13, a parent or guardian must order their card separately.
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Bonus interest: You will be eligible for bonus interest during the month (a month is the period from close of business on the last business day of the previous month to close of business on the last business day of the current month) and subject to transaction processing time, if:
a. your account balance has not fallen below $0; and
b. you (or someone on your behalf) have made a deposit of any amount (interest paid into your account does not qualify as a deposit in terms of bonus interest eligibility); and
c. the account balance on the last business day of the month is higher than the account balance on the last business day of the previous month.
Note: Bonus interest is calculated in the system after 11:59pm on the last business day of the month. Any transaction processed before 11:59pm may impact bonus interest eligibility.
a. your account balance has not fallen below $0; and
b. you (or someone on your behalf) have made a deposit of any amount (interest paid into your account does not qualify as a deposit in terms of bonus interest eligibility); and
c. the account balance on the last business day of the month is higher than the account balance on the last business day of the previous month.
Note: Bonus interest is calculated in the system after 11:59pm on the last business day of the month. Any transaction processed before 11:59pm may impact bonus interest eligibility.
† If you have opted out of marketing, bundled accounts cannot be opened. You need to apply for the Savings and Westpac Choice Youth accounts separately.
Mastercard® is a registered trademark of Mastercard International Incorporated.